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Where Will Las Vegas Sands Corp. (LVS) Stock Go Next After It Has Gained 6.75% in a Week?

Monday, April 01, 2024 03:10 PM | InvestorsObserver Analysts

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Where Will Las Vegas Sands Corp. (LVS) Stock Go Next After It Has Gained 6.75% in a Week?

Las Vegas Sands Corp. (LVS) stock is up 6.75% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Las Vegas Sands Corp. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LVS!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With LVS Stock Today?

Las Vegas Sands Corp. (LVS) stock has gained 3.44% while the S&P 500 is down -0.24% as of 3:06 PM on Monday, Apr 1. LVS has risen $1.78 from the previous closing price of $51.70 on volume of 2,889,280 shares. Over the past year the S&P 500 is up 27.09% while LVS is down -8.92%. LVS earned $1.60 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 33.48. To see InvestorsObserver's Sentiment Score for Las Vegas Sands Corp. click here.

More About Las Vegas Sands Corp.

Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner, Four Seasons Hotel Macao, and Parisian in Macao, and the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas in the U.S. asets were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2026. After the sale of its Vegas assets, the company will generate all its EBITDA from Asia, with its casino operations generating the majority of sales. Click Here to get the full Stock Report for Las Vegas Sands Corp. stock.

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